Stocks in the news (amata, bgrim, inset, scc, shr, tu) 11.03.26
Amata Corporation Public Company Limited is a leading developer and manager of integrated industrial estates in Thailand and Vietnam, providing land, infrastructure, and utility services to a global client base in key manufacturing sectors.
AMATA: The Co’s chief advocates for a diversified regional strategy, warning against over-reliance on a single market due to global unpredictability. It is “betting big” on ASEAN by targeting 2,800 rai in land sales for 2026 and investing Bt10bn to expand its industrial parks. This diversification strategy is driven by expansion from its base in Thailand into Vietnam and, most recently, Laos.
Comment: Well, I’ve been reading about Laos potentially being a manufacturing hub for the past 2 decades and it’s never happened (unless its for incredible low cost manufacturing which requires labour) on a side note – I’ve been hearing that the online gambling scam centers are moving to Laos.
B.Grimm Power Public Company Limited is a prominent Southeast Asian energy producer focused on the development and operation of gas-fired and renewable energy power plants, serving industrial users and national grids through long-term contracts.
BGRIM in talks 2-3 data center operators for private PPA, expects take up around 100mw, aims to expand additional 300mw by eo-FY30, cod of the remaining 273.6mw of 364.8mw offshore wind project (Nakwol1) in Jun to propel FY26 earnings.
Infraset Public Company Limited is a specialist infrastructure contractor in Thailand, providing design, construction, and maintenance services for telecommunications networks, data centers, and digital infrastructure projects.
INSET: announced buyback, up to 40m shares (4.92% of paid-up) under Bt116m budget from Mar 16 till Sept 15, 2026.
Comment: Another buy back announcement
The Siam Cement Public Company Limited is one of Thailand’s oldest and largest industrial conglomerates, with core businesses in cement and building materials, chemicals, and packaging, operating across the ASEAN region.
SCC suspended operations at its Rayong Olefins unit after conflict in the Middle East disrupted the transport of its key raw mats. Rayong Olefins has declared force majeure to business partners and customers due to constraints in procuring naphtha and propane according to its filing Tues, 10Mar. The temporary shutdown is expected to result in a fixed cash cost of about THB150mn ($4.7mn) per month.
Comment: Now is there insurance for these force majeures?
S Hotels and Resorts Public Company Limited is a major hospitality management and investment company under Singha Estate, operating a geographically diverse portfolio of upscale resorts and hotels in Thailand and international leisure destinations.
SHR upbeats outlook after divesting 15 hotels in UK located outside primary market and larger reliant on domestic demand, will use proceeds to repay high-interest bank loans and optimize capital allocation toward higher-yield assets, transforming existing assets into a premium lifestyle-driven hotel portfolio.
Comment: Still cheap as chips. But it’s ignored.
Thai Union Group Public Company Limited is a world-leading seafood producer, controlling a global supply chain for ambient, chilled, and frozen seafood products with a portfolio of international brands and a strong commitment to sustainability.
TU eyes 3-4% FY revenue growth target driven by growth from PetCare products and aquatic feed, sees GPM around 19-20%, SG&A to revenues between 13.5-14.5%, expects cost saving around $60m from structural cost reset programme, maintain payout policy no less than 50% of net profit.
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